Buckle up, America: The Fed plans to sharply boost unemployment
CBSN
In case the U.S. economy wasn't hurting enough already, the Federal Reserve has a message for Americans: It's about to get much more painful.
Fed Chair Jerome Powell made that amply clear last week when the central bank projected its benchmark rate hitting 4.4% by the end of the year — even if it causes a recession.
"There will very likely be some softening of labor market conditions," Powell said in his September 21 economic outlook. "We will keep at it until we are confident the job is done."
Washington — The Supreme Court is set to consider Thursday whether former President Donald Trump is entitled to sweeping immunity from federal prosecution for conduct that occurred while he was in the White House, thrusting the justices into election-year politics in a historic case with significant ramifications for his legal and political future.
A bottlenose dolphin was found shot to death on a Louisiana beach last month and now authorities are offering a $20,000 reward for information that aids their investigation into the incident. NOAA's Office of Law Enforcement said the dead dolphin was found on West Mae's Beach in the state's Cameron Parish with multiple bullets lodged in its brain, spinal cord and heart.